Budget News

  • Budget 2017: A thumbs up for `Digital India` - FM unveils series of reforms

    Budget 2017: A thumbs up for 'Digital India' - FM unveils series of reforms  

    From referral bonus and cash backs on digital transactions to incentives for online ticket bookings and a new AadhaarPay Application, Modi government is all determined to curb cash transactions and give India a digital push.

    06 Mar 2017, 8.39 pm  |  Source: Moneycontrol.com

  • Here is what India`s Startup CEOs feel about Budget 2017-18

    Here is what India's Startup CEOs feel about Budget 2017-18  

    The Budget 2017-18 announced a push to cashless transactions and reduction in tax rate for SMEs with an annual turnover of less than Rs 50 crore. Here is what India's startup CEOs feel about Budget 2017-18.

    06 Mar 2017, 8.38 pm  |  Source: Moneycontrol.com

  • Budget 2017: Tax window extension for startups just an eyewash, say experts

    Budget 2017: Tax window extension for startups just an eyewash, say experts  

    Tax experts say that the move to widen tax window to seven years for 'startups' will be an eyewash. The exemption of three years tax holiday can only be claimed by ventures incorporated and registered with government of India as a...

    06 Mar 2017, 8.38 pm  |  Source: Moneycontrol.com

  • Budget 2017: Startups play nationalism card, demand more sops, survey says

    Budget 2017: Startups play nationalism card, demand more sops, survey says  

    While startup CEOs and tech world echoed against protectionism, the survey conducted two months after the controversy paints a different picture

    06 Mar 2017, 8.36 pm  |  Source: Moneycontrol.com

  • Budget 2017: Startup India a flop, need 5 year tax break, reveals survey

    Budget 2017: Startup India a flop, need 5 year tax break, reveals survey  

    Moneycontrol.com conducted a survey of Indian startups across sectors to get a sense of their suggestions for the Modi government this Union Budget. Startups were questioned on a range of issues including tax holiday, demonestisat...

    06 Mar 2017, 8.32 pm  |  Source: Moneycontrol.com

  • Don't expect this budget to be big: Shankar Acharya   

    Dr Shankar Acharya, in an exclusive interview with CNCB-TV18s Sheeren Bhan says that the UPA failed to keep the promises made on the big ticket reforms.

    28 Feb 2017, 9.33 pm  |  Source: CNBC-TV18

  • COMMENT: Growth at 5-year low? RBI may peg 6.2% GDP after Budget nudge

    COMMENT: Growth at 5-year low? RBI may peg 6.2% GDP after Budget nudge  

    The RBI’s monetary policy review on Wednesday will offer cues on the extent of demonetisation’s impact on the broader economy; India may well be staring at a GDP growth of less the 6.5 percent in 2016-17, the lowest since 2012...

    07 Feb 2017, 7.44 pm  |  Source: Moneycontrol.com

  • Affordable housing emerges as a major beneficiary of Budget 2017

    Affordable housing emerges as a major beneficiary of Budget 2017  

    Granting industry status to affordable housing will help developers in accessing funds.

    07 Feb 2017, 4.17 pm  |  Source: Moneycontrol.com

  • Budget 2017: Time to align with the changes in income tax rules

    Budget 2017: Time to align with the changes in income tax rules  

    Finance Minister has opted to offer a small concession on income tax front. However, he has also capped the benefit on income from house property.

    07 Feb 2017, 4.17 pm  |  Source: Moneycontrol.com

  • Budget 2017: Impact of Budget on various sectors

    Budget 2017: Impact of Budget on various sectors  

    Indian markets celebrated Finance Minister Arun Jaitley’s Budget with both Sensex and Nifty closing with a gain of around 1.8 percent as they celebrated no introduction of long term capital gain (LTCG) on equity stocks and keepi...

    07 Feb 2017, 2.20 pm  |  Source: Moneycontrol.com

  • Budget 2017: A disappointment for Indian renewable sector, says Mercom

    Budget 2017: A disappointment for Indian renewable sector, says Mercom  

    "While the Ministry of New and Renewable Energy (MNRE) has been coming out with new subsidies to spur rooftop installations, the Budget basically thwarts the momentum in rooftop by reducing accelerated depreciation and tax benefit...

    07 Feb 2017, 11.35 am  |  Source: Moneycontrol.com

  • Budget 2017: Is NPS a good retirement plan despite withdrawals being taxed?

    Budget 2017: Is NPS a good retirement plan despite withdrawals being taxed?  

    Experts feel NPS continues to be a good retiral product for the salaried segment since it is market-linked and professionally managed.

    07 Feb 2017, 8.12 am  |  Source: Moneycontrol.com

  • Budget reinvigorated FII interest; like BFSI, FMCGs: ICICI Sec

    Budget reinvigorated FII interest; like BFSI, FMCGs: ICICI Sec   

    The FIIs eagerly await the monetary policy on February 8, where they expect a rate push to facilitate the economic growth the Budget envisions, Shilpa Kumar, MD and CEO, ICICI Securities.

    06 Feb 2017, 3.21 pm  |  Source: CNBC-TV18

  • Union Budget 2017-18: Govt begins process to divest entire stake in Ferro Nigam Scrap

    Union Budget 2017-18: Govt begins process to divest entire stake in Ferro Nigam Scrap  

    The steel ministry has appointed the transaction advisor for strategic sale of FSNL, along with three units of Steel Authority of India Ltd (SAIL) and NMDC Ltd’s Nagarnar steel plant

    06 Feb 2017, 2.25 pm  |  Source: Moneycontrol.com

  • How Budget 2017 promises to shake up India`s capital market

    How Budget 2017 promises to shake up India's capital market  

    In last week's federal Budget, Finance Minister Arun Jaitley set a 725 billion rupees (USD 10.76 billion) target for divestment in the 12 months from April 1, up from a revised 455 billion rupees goal in the current fiscal year.

    06 Feb 2017, 2.06 pm  |  Source: Reuters

  • Budget 2017: Mutual funds cheer better clarity on scheme mergers

    Budget 2017: Mutual funds cheer better clarity on scheme mergers  

    The government has proposed in the budget to take into consideration the holding period of the units held in the erstwhile schemes for taxation purposes

    06 Feb 2017, 1.40 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-18: Capital gain tax becomes friendlier for honest tax payers

    Union Budget 2017-18: Capital gain tax becomes friendlier for honest tax payers  

    The budget proposes to reduce the basis of the period for which the asset is held on the date of sale to 24 month in case of long term capital gains and bring it on par with unlisted shares.

    06 Feb 2017, 9.08 am  |  Source: Moneycontrol.com

  • RBI may hold rates this year after 25 bps cut next week: Nomura

    RBI may hold rates this year after 25 bps cut next week: Nomura  

    The Budget is positive for the medium-term inflation outlook which may lead to a 25 bps rate cut at the monetary policy meet next week, but RBI is expected to keep it on hold for the whole of 2017, says a report.

    06 Feb 2017, 8.10 am  |  Source: PTI

  • Budget 2017: New diversified CPSE ETF coming soon; will it be worth the wait?

    Budget 2017: New diversified CPSE ETF coming soon; will it be worth the wait?  

    A more diversified CPSE ETF should provide plenty of wealth creation and value unlocking opportunities for retail investors, experts say.

    03 Feb 2017, 3.33 pm  |  Source: Moneycontrol.com

  • Tyre, rubber industries disappointed with Union Budget

    Tyre, rubber industries disappointed with Union Budget  

    While hailing the increased allocation for infrastructure and road sector in the Union Budget, the tyre industry expressed concerns over exclusion of rubber and tyres in the list of items on which duty inversion has been addressed...

    03 Feb 2017, 3.03 pm  |  Source: PTI

  • Budget shows resolve for fiscal prudence: Moody`s

    Budget shows resolve for fiscal prudence: Moody's  

    The rating agency also expressed concern over the budgeting of lesser capital -- Rs 10,000 crore -- for infusion into public sector banks in 2017-18, which it said is a "credit negative".

    03 Feb 2017, 12.29 pm  |  Source: PTI

  • Union Budget 2017-2018 Review: Reliance Commodities

    Union Budget 2017-2018 Review: Reliance Commodities  

    Finance Minister Arun Jaitley present, perhaps the most eagerly watched budget in recent past. Here are the key takeaways on the implication from his budget speech

    03 Feb 2017, 12.23 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: Systematix

    Union Budget 2017-2018 Review: Systematix  

    In Union Budget 2017, the government carried on with its Transform-India mission started in 2016, by a continued focus on rural, social welfare, infra, ease-of-doing business, fiscal prudence and tax reforms.

    03 Feb 2017, 12.23 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: CRISIL

    Union Budget 2017-2018 Review: CRISIL  

    Reviving fortunes in the hinterland by bolstering the agricultural economy and rural infrastructure seems to be the primary motivation of the Union Budget announcements this time, as evinced in higher allocations for MNREGA and th...

    03 Feb 2017, 12.22 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: Yes Securities

    Union Budget 2017-2018 Review: Yes Securities  

    Government projects fiscal deficit target of 3.2%, in line with market consensus. FY18 Revenue deficit pegged at 1.9%, below FRBM mandated level of 2.0%. Focus of the Budget on Investment and Consumption revival

    03 Feb 2017, 12.22 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: Maximus Securities

    Union Budget 2017-2018 Review: Maximus Securities  

    GDP for Budget Estimate (BE) 2017-2018 has been projected at Rs 1,68,47,455 cr assuming 11.75% growth over the Revised Estimates (RE) of 2016-2017 (Rs 1,50,75,429 crore). Fiscal deficit for 2017-18 is targeted at 3.2% of GDP and t...

    03 Feb 2017, 12.22 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: ICRA

    Union Budget 2017-2018 Review: ICRA  

    In its BE for FY2017, the GoI had pegged its fiscal deficit at Rs. 5.3 lakh crore (3.5% of GDP; based on the assumption that nominal GDP for FY2017 would be Rs. 150.7 lakh crore).

    03 Feb 2017, 12.22 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: CD Equisearch

    Union Budget 2017-2018 Review: CD Equisearch  

    Finance Minister Arun Jaitley’s fourth annual budget comes in the wake of state elections, the effect of demonetization on economic growth, flagging investments, and Trump’s H1B visa decision.

    03 Feb 2017, 12.22 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: Kotak Securities

    Union Budget 2017-2018 Review: Kotak Securities  

    The budget has rightly focused on maintaining the fiscal disciple while maintaining the direction of the economy by allocating higher investments on infrastructure, rural and agriculture sector, to support equitable growth.

    03 Feb 2017, 12.22 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: Arihant Capital

    Union Budget 2017-2018 Review: Arihant Capital  

    The Union Budget 2017-18 laid out by the Finance minister explicitly focuses on three point agenda- Transform-Energise- Clean. The FM stuck to the path of fiscal consolidation along with focusing on infrastructure, rural economy, ...

    03 Feb 2017, 12.22 pm  |  Source: Moneycontrol.com

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